Cisco cutting 7% of workforce, reports earnings and revenue beat for quarter

📆 14/08/2024 3:31 p. m.
📰 CNBC

⏱ Reading Time:
9 sec. here
7 min. at publisher
📊 Quality Score:
News: 24%
Publisher: 72%

Technology Noticias

Business,Social Media,Breaking News: Technology

Cisco reported its third straight quarter of declining revenue, but the company beat analysts' estimates.

Cisco reported its third straight quarter of declining revenue, wrapping up its first full fiscal year drop since 2020.

The company said $700 million to $800 million of charges will be recognized in the current quarter, with the rest hitting over the course of fiscal 2025.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Cisco shares surge on earnings beat and job cutsCisco shares surge on earnings beat and job cuts
Fuente: Investingcom - 🏆 450. / 53 Leer más »